Latest updates here
Update date: 28 June 2017
Week 5 (Jun 28): Wow, the Raya cheer continues! Although our calculations show it should be the same as last week, the RON95 price has gone down further! Stay tuned for how things turn out in July!
Week 4 (Jun 21): Wow, the price actually went below our prediction, this was a first! We guess it could be to give some Hari Raya cheer to the people.
Down, down, and down! That's the theme of petrol prices. However, the government has announced a new formula for this week to help petrol station operators. Let's see what that means! By right, it should descend to RM1.92-95/liter or so.
Week 3 (Jun 14): Another week roles around! Well prices have kept moving down, so most likely we will see RON95 at RM2.0 or 2.01/liter being announced tonight!
Week 2 (June 7): As of 2 June, the trend appears to be heading down this week! Let's hope it continues. Right now the indicators show it should go down to RM2.01/litre but as we know the government has consistently set it higher than indicated recently. So probably somewhere in the RM2.06/litre range is likely!
Do note that despite the recent news of Middle Eastern turmoil, prices have not moved up... so far!
Week 1 (June 1): Wow has it really been half a year already? Finally, after weeks of going up, up, up, we have a slight downward trend in the RON95 pricing. Is it going to last? Tune in to find out!
You will notice that the government is now quite consistently setting the prices between RM3-5sen/litre higher than the pure formula suggests. Whether that is going to additional government revenue or not, we do not know, but it is a consistent trend so far.
Happy Kaamatan and Gawai 2017 to all!
No comments:
Post a Comment